RBA deputy governor Andrew Hauser says stagflation is a "central banker's nightmare" and the coming months will be challenging for Australia.
Stagflation is a 'central banker's nightmare', says RBA deputy governor
RBA Deputy Governor Andrew Hauser warns that stagflation poses a critical economic challenge for Australia in the coming months, threatening financial stability and policy effectiveness. The impact extends to businesses, households, and central bank operations, requiring urgent strategic responses. Failure to address stagflation risks could exacerbate financial vulnerabilities across sectors.